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Colliers Quarterly Property Market Report Q1 2022 Jakarta Industrial Estate

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Warehouse Industrial 1536x1040

Promising outlook but in moderate pace

It is very clear that the industrial market in Greater Jakarta area has gradually shifted to the high-tech industry, although traditional sectors remain. We have noticed a remarkable growth in the technology sector; in particular, with data centres that keep on expanding and growing, from both local and overseas companies. This is a possible opportunity for industrial estates that, so far, only focus on traditional tenants to increase marketability by improving infrastructure and security support as well as providing the energy backbone to promote to high-tech industry.

On the other front, given land scarcity in preferred areas with good proximity and accessibility to the main market, like the capital city, the growing leasing market is another opportunity. The considerable growth of e-commerce-based industries is one trigger, escalating the need for storing goods as well as providing distribution hubs. For industrial estates with limited land to sell, this may be a time to appraise the situation.


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Colliers Quarterly Property Market Report Q1 2022 Jakarta Industrial Estate

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Ferry Salanto

Senior Associate Director

Research

Jakarta

As Head Research Department, Ferry is in charge in providing property market knowledge for internal purposes and for clients. The scope of sectors covered in the quarterly market report comprises office, apartment, retail, hotel and industrial estate.

In regional tasks, the Heads of Research of each country work together in providing regional market reports covering the Asia Pacific region and globally. Currently Research Department is not only operating as a cost-centre department, as he and his team have been assigned by the Central Bank to provide monthly market information.

On the consulting front, the task involves providing a wide range of advisory services to our clients. Working closely with Consulting Department, we help clientsby preparing feasibility studies to determine whether their property projectsare viable from both financial or marketing aspects. 

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